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Transmitting Communication from Louis A. DePasquale, City Manager, relative to the appropriation of $2,242,100 from Free Cash to the Public Investment Fund School Extraordinary Expenditures account to fund the Cambridgeport School window replacement project
City of Cambridge
Agenda Item Number 3A
IN CITY COUNCIL
June 14, 2021
ORDERED:
That the City of Cambridge appropriate the amount of two million two
hundred forty two thousand, one hundred ($2,242,100) dollars for the purpose
of paying costs of Cambridgeport School window replacement project. The
Cambridgeport School building, located at 89 Elm Street in Cambridge,
currently has windows that are forty years old, with worn out balances, springs
and operating sash hardware. Cold air leakage frequently overwhelms the
heating system, making it difficult to maintain classroom temperatures on cold
days. There is much loss of energy due to the age and construction of the
existing windows. This project falls under priority category number 5, which
is for the replacement, renovation, or modernization of school facility systems,
such as roofs, windows, boilers, heating and ventilation systems, to increase
energy conservation and decrease energy related costs in a school facility, as
determined in the judgment of the Authority, including the payment of all costs
incidental or related thereto (the “Project”), which proposed repair project
would materially extend the useful life of the school and preserve an asset that
otherwise is capable of supporting the required educational program, and for
which the City of Cambridge may be eligible for a grant from the
Massachusetts School Building Authority (“MSBA”), said amount to be
expended under the direction of the School Facilities Management
Department. To meet this appropriation the Cambridge City Council, is
authorized to borrow said amount under M.G.L. Chapter 44, or pursuant to any
other enabling authority. The City of Cambridge acknowledges that the
MSBA’s grant program is a non-entitlement, discretionary program based on
need, as determined by the MSBA, and any project costs the City of
Cambridge incurs in excess of any grant approved by and received from the
MSBA shall be the sole responsibility of the City of Cambridge; provided
further that any grant that City of Cambridge may receive from the MSBA for
the Project shall not exceed the lesser of (1) forty six point twelve percent
(46.12 %) of eligible, approved project costs, as determined by the MSBA, or
(2) the total maximum grant amount determined by the MSBA; and that the
amount of borrowing authorized pursuant to this vote shall be reduced by any
grant amount set forth in the Project Funding Agreement that may be executed
between the City of Cambridge and the MSBA.
In City Council June 14, 2021.
Adopted by a yea and nay vote:-
Yeas 9; Nays 0; Absent 0.
Attest:- Anthony I. Wilson, City Clerk
A true copy;
ATTEST:-
Anthony I. Wilson
City Clerk